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Fuji Media Holdings Demands Detailed Information on Proposed Large-Scale Share Acquisition

Story Highlights
  • Fuji Media Holdings sent an information request list to investor Aya Nomura regarding her planned large-scale share acquisition.
  • The company, acting under its corporate control policy, may seek further details and urges shareholders to monitor future disclosures closely.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fuji Media Holdings Demands Detailed Information on Proposed Large-Scale Share Acquisition

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The latest announcement is out from Fuji Media Holdings ( (JP:4676) ).

Fuji Media Holdings has disclosed that it has delivered an information request list to investor Aya Nomura in connection with her proposed large-scale acquisition of the company’s shares, following an earlier receipt of her formal statement of intent. Acting under its previously introduced corporate control policy designed to address large-scale share acquisitions by Reno Co., Ltd. and related parties, the board is seeking detailed information it deems necessary for shareholders and directors to properly assess the bid, and may seek additional disclosures if initial responses are deemed insufficient, urging shareholders to closely monitor forthcoming company announcements.

The most recent analyst rating on (JP:4676) stock is a Hold with a Yen3229.00 price target. To see the full list of analyst forecasts on Fuji Media Holdings stock, see the JP:4676 Stock Forecast page.

More about Fuji Media Holdings

Fuji Media Holdings, Inc. is a Japan-based media conglomerate listed on the Prime Market of the Tokyo Stock Exchange that operates primarily in broadcasting and related media businesses. Through its group companies, it provides television and content production services and is a prominent player in Japan’s media and entertainment industry.

YTD Price Performance: 114.04%

Average Trading Volume: 769,931

Technical Sentiment Signal: Buy

Current Market Cap: Yen810B

Find detailed analytics on 4676 stock on TipRanks’ Stock Analysis page.

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